AAA-CPAThe AAA-CPA is pleased to announce that they have joined with Clio to offer our members an exclusive discount. Clio is the most widely used, cloud-based practice management system in the world. Every day, tens of thousands of lawyers use Clio to schedule meetings, organize cases, track time and invoice their clients. Accessible from your Mac or PC, phone or tablet, Clio allows lawyers to take control of their practice from any device, in any location, at any time. Clio even integrates seamlessly with other popular applications like Fastcase, LawPay, Quickbooks Online, Gmail and Office 365. AAA-CPA members receive a 10 percent lifetime discount on Clio. Members may obtain the discount code by logging into www.attorney-cpa.com and going to the my account --> discounts section.

AAA-CPAThursday, Sept. 7Protecting Digital Assets
Presented by Joshua S. Miller, Esq., CFP® and Amy R. Lonergan, Esq.
This program will discuss the importance of managing digital property and cybersecurity risk as an integral part of estate planning and wealth management. Proper cybersecurity is critical to prevent online fraud, financial theft and identity theft. We will offer several precautions clients can and should take to protect their digital assets, tips on planning for digital assets in the context of an estate plan and an overview of current law on this important and evolving topic.

Tuesday, Sept. 12New Partnership Audit Regulations
Presented by James Lynch, Esq., CPA
We will have a discussion of the new IRS regulations on partnership audits. We will discuss the TEFRA rules (old rules) and the new rules. We will compare and contrast the two sets of rules. Finally, we will discuss the effect of the new rules on tax practice.

AAA-CPAWhen you are developing a presence for your legal or accounting practice on social media, it is important to analyze which networks offer the best opportunity to reach your target audience. With more than 310 million active users worldwide and 65 million U.S. users (more than 80 percent of which are between the ages of 25 and 65), Twitter has established itself as a crucial second link in every small business’ social media strategy. Although it may not have the numbers of Facebook, Twitter is a valuable and easy-to-use platform to promote your small practice with several distinct advantages over its competitors. Here are a couple of simple tips on creating and managing a business Twitter account to maximize your reach to potential clients while establishing yourself as a subject-matter expert in the fields of accounting or law. READ MORE

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AccountingWEBFederal income tax reform is by far the biggest concern of corporate tax executives, a new survey from Bloomberg BNA reveals.
Survey of Corporate Tax Departments 2017 spotlights several key tax issues, and “corporate tax professionals are facing a wealth of challenges as they look to prepare their businesses for what could be seismic changes,” said George Farrah, editorial director of Bloomberg BNA’s Tax & Accounting division.
READ MORE

Bloomberg via Tax Pro TodayThe sweeping changes the Trump administration hopes to make to individual taxes will likely be a long time coming, Bank of America Merrill Lynch’s municipal research strategy team led by Philip Fischer writes in a report.
While administration officials have set a target date for the late summer to push through comprehensive individual tax reform, it could take two or more years to bear fruit as lobbyists press hard to protect their specific concerns.READ MORE

ReutersSenate Republicans recently passed a measure that would permanently repeal Obamacare's so-called Cadillac tax on high-cost employer-provided insurance without a single Democratic vote amid a broader debate to repeal the healthcare law.
The measure passed along party lines by a 52-48 vote. To become law, it will need to be passed by the U.S. House of Representatives.READ MORE

The Tax AdviserTaxpayers and the government will be irreparably harmed if the IRS is not allowed to charge a user fee for preparer tax identification numbers, the IRS argued in court documents, and it moved that the U.S. District Court for the District of Columbia stay its injunction prohibiting the IRS from charging PTIN fees. In June, the court ordered the IRS to stop charging a user fee for issuing or renewing PTINs but allowed it to continue requiring paid tax return preparers to use PTINs. READ MORE

MONEY via Business Insider As the Republicans in Washington, D.C., prepare to dig into the coming round of budget negotiations, their top priorities will include a systemic overhaul for U.S. taxes, which President Donald Trump has characterized as "just about the highest in the world."
But how much do Americans really pay compared with other nations? It may be less than you think.READ MORE

The Associated Press via U.S. News & World ReportThe Pennsylvania Senate approved a plan to eliminate a $2.2 billion budget deficit that includes heavy borrowing and hundreds of millions of dollars in tax increases, including on Marcellus Shale gas drilling, consumers' utility bills and online purchases.
Floor votes came barely 14 hours after Republicans who control the chamber first unveiled their plan to balance the $32 billion state budge. It includes a proposal to borrow $1.3 billion against Pennsylvania's annual share of the 1998 multistate settlement with tobacco companies, an approach rejected by their Republican counterparts in the House.READ MORE